Tiruppur Exporters’ Association Archives

Apparel and Textile News Trade Info News

TEA hosts Workshop on Preparation of GSTR-9 Annual Return for 2017-18

Tiruppur Exporters’ Association (TEA) has recently organised a workshop on “Preparation of GSTR-9 Annual Return For 2017-18” at TEA Conference Hall for the benefit of members, T.R.Vijayakumar, TEA General Secretary said. Vijayakumar said that FCA Vishal G Poddar, Partner, SVAB and Associates, Mumbai has addressed in the workshop. While mentioning about the Faculty, Vijayakumar said […]

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June 15, 2019
2 Comments
211 Views

Apparel and Textile News Trade Info News

TEA Thanks Central for IGST Exemption Extension upto March 31

Tiruppur Exporters’ Association (TEA) President, Raja M Shanmugham recently in a press release said Central Board of Indirect Taxes has issued a notification extending the exemption payment of IGST for imports of machinery under EPCG scheme and inputs, raw material under Advance Authorization Schemes up to 31.3.2020, a great relief to the importers. TEA president […]

appareltalk
March 23, 2019
10 Comments
211 Views

Apparel and Textile News Trade Info News

TEA Requests to Extend IGST Exemption for Import

Tiruppur Exporters’ Association (TEA) president, Raja M Shanmugham in a press release issued on February 26 to extend IGST exemption on export. He has sent a representation to the Commerce Minister for extending IGST exemption for import if Capital Goods under EPCG scheme and Inputs under Advance Authorisation scheme beyond 31st March 2019. TEA president […]

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February 27, 2019
17 Comments
283 Views

Apparel and Textile News Trade Info News

TEA requests to solve Knitwear Exporting Unit’s Problem

In a recent meeting with the Union Textile Minister, Smriti Irani, the president of Tiruppur Exporters’ Association (TEA), Raja M Shanmugham urges to increase the duty drawbacks rates, rebate of state Levies (RoSL) and interest equalization scheme to bring some relief in the knitwear exporting units. Shanmugham in a letter described the need for India […]

appareltalk
June 21, 2018
1 Comment
197 Views

Apparel and Textile News

Edappadi has announced an International Textile Fair to be Organised

The Tamil Nadu Chief Minister, Edappadi K Palaniswami has announced to organise an International Textile fair in Coimbatore to boost the State Textile Industry by investing Rs. 2 Crore for the event. This announcement was done in The State Legislative Assembly to encourage and developed the Textile Industry of the State. The event shall take […]

appareltalk
June 19, 2018
3 Comments
409 Views

Apparel and Textile News Trade Info News

TEA urges Govt to increase the Equalisation Scheme to 5%

The textile representative body, Tiruppur Exporters Association (TEA) has requested the governing body to increase the Interest Equalization scheme (IEs) rate to 5 per cent. The current IE scheme rate is 3 per cent as the increment will help to compensate in repo rate. TEA, president, Raja M Shanmugham in a press release said that […]

appareltalk
June 7, 2018
4 Comments
197 Views

Apparel and Textile News Trade Info News

AEPC raised an issue of refunding embedded Tax on Industry

The Apparel Export Promotion Council (AEPC) vice-chairman, A. Sakthivel has raised an issue during the meeting with Smriti Irani, Union Textiles Minister at her office in New Delhi recently. He discussed the issue of refunding of the embedded tax ranging from 4 to 5 per cent on the Textile Industry. He claims that it might […]

appareltalk
May 25, 2018
3 Comments
206 Views

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TEA hails TN CM to Address Tiruppur Knitwear Exports Related Issues

Tiruppur Exporters’ Association (TEA), President, Raja M Shanmugham in a press release issued today, said that Thiru. Edappadi K Palanisamy, Chief Minister of Tamil Nadu has made a representation to the Prime Minister on 22nd May 2018, with a requisition to address a few important issues affecting the textile industry, specifically Tiruppur knitwear export sector […]

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May 24, 2018
2 Comments
238 Views

Apparel and Textile News Trade Info News

New Policy to raise the TN Textile Industry

New integrated textile policy soon to be released by the government of Tamil Nadu, announced by deputy chief minister O Panneerselvam, who also holds finance portfolio, in the state budget 2018-19 presented today in the state assembly. Tiruppur Exporters’ Association (TEA) president Raja M Shanmugham has welcomed the announcement and said the early releasing of […]

appareltalk
March 15, 2018
1 Comment
232 Views

Apparel and Textile News Trade Info News

TEA – Indian Bank Organizes the Exporters’ Meet

The Tiruppur Exporters Association (TEA) together with Indian Bank has organized an Exporters’ Meet today at TEA Hall in Tiruppur from 5 pm. The key note address will be deliever by G. Mahendra, Zonal Manager, Indian Bank, Coimbatore and Raja M Shanmugham, President, TEA will preside over the meeting. The meeting aims for the benefit […]

appareltalk
December 12, 2017
3 Comments
219 Views

Apparel and Textile News Trade Info News

TEA proposes to remove permanently Reverse Charge Mechanism

The Tiruppur Exporters Association (TEA) has suggested some pre-budget proposal to the Union Finance Minister, Arun Jaitley. The proposal states to remove completely the reverse charge mechanism (RCM), sufficient fund allocation for government schemes, increasing Investment limit for micro, small and medium enterprises (MSMEs). It also includes an establishment of a knitwear board and amending […]

appareltalk
December 7, 2017
4 Comments
195 Views

Apparel and Textile News Trade Info News

Revised GST rates appreciated by the Textile Industry

After the latest revision in the goods and services tax (GST) rates announced by the Country’s finance minister Arun Jaitley on Friday, the Indian textile industry is hopeful of growth with revision in the GST rates. The change in GST rate not only will strengthen the entire textile value chain and make textile industry globally […]

appareltalk
October 10, 2017
14 Comments
305 Views

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Tag: Tiruppur Exporters’ Association

TEA hosts Workshop on Preparation of GSTR-9 Annual Return for 2017-18

TEA Thanks Central for IGST Exemption Extension upto March 31

TEA Requests to Extend IGST Exemption for Import

TEA requests to solve Knitwear Exporting Unit’s Problem

Edappadi has announced an International Textile Fair to be Organised

TEA urges Govt to increase the Equalisation Scheme to 5%

AEPC raised an issue of refunding embedded Tax on Industry

TEA hails TN CM to Address Tiruppur Knitwear Exports Related Issues

New Policy to raise the TN Textile Industry

TEA – Indian Bank Organizes the Exporters’ Meet

TEA proposes to remove permanently Reverse Charge Mechanism

Revised GST rates appreciated by the Textile Industry